Discover the unparalleled potential of 1500 Anacapa Street, an iconic Spanish Colonial Revival property perfectly positioned in the heart of Santa Barbara. Located at the corner of Anacapa and Micheltorena Streets, this property blends historic charm with unmatched redevelopment versatility. Zoned O-R, it offers opportunities for mixed-use office/residential, multi-family residential configurations, or conversion into a luxurious single-family estate. Steps from Alameda Park, Alice Keck Memorial Garden, and State Street’s vibrant shopping and dining destinations, the property is ideally suited for creative reimagination to maximize its value. With a flexible layout, 8 on-site parking spaces, and timeless architectural appeal, this is a rare chance to acquire a landmark property in one of California’s most desirable markets.